Without Playstation, would the industry be in another crisis?

[Train wreck]

RolStoppable said:

Train wreck said:

"That's my point here. If you removed PlayStation, the third party games would still exist on other platforms and the growth that was achieved by the PS1 would have been achieved by other console manufacturers. And the software that was put out by third parties wouldn't have really changed because the seeds for what was made in the fifth generation were already planted during the middle of the fourth generation."

And what company would that have been? Toyota? Canon?  Lets list all the big conglomerates who failed to make a gaming console that expanded gaming before Sony and the playstation:

(...)

Nintendo and Sega.

But you just wrote that Sega didn't have the financial means to expand gaming and Nintendo was experiencing generation/generation declines in home consoles with the NES to SNES, where would the growth and expansion come from?